Summary - 3 LOWER CHURCH STREET ASHBY-DE-LA-ZOUCH LE65 1AB
1 bed 1 bath Retail Property (high street)
Prominent 906 sq ft freehold shop with dual frontage and redevelopment potential in Ashby town centre..
- Freehold retail with 906 sq ft ground floor open-plan space
- Dual shop frontage to Market Street and Lower Church Street
- Includes commercial kitchen, WC and small rear yard
- Upper floors: two flats on 999-year leases (peppercorn rent)
- Ground-floor underlease to pension fund will be redeemed on sale
- Located in conservation area — external works may be restricted
- EPC C (56); mains gas boiler and radiators in place
- Local crime level reported as high; purchasers should satisfy themselves
A prominent freehold retail unit in the heart of Ashby-de-la-Zouch, offered at a guide price of £150,000. The ground floor retail space extends to 906 sq ft with dual frontage onto Market Street and Lower Church Street, large display windows and a small rear yard — well placed for high footfall and passing trade in a very affluent market town.
The ground floor currently includes a commercial kitchen and WC and has previously traded as a café; the open-plan layout offers straightforward conversion for alternative Class E uses (interested parties should confirm with North West Leicestershire District Council). The building sits within the town conservation area and is a Georgian corner brick property with period character across three storeys.
Important tenure notes affect the upper floors: two flats on the first and second floors are subject to separate 999-year leases (peppercorn rent). The ground floor is currently subject to a 25-year underlease to the seller’s pension fund which will be redeemed on sale so the shop will be sold unencumbered with vacant possession. EPC rating C (56). Purchasers should verify services and statutory information.
This is primarily an investment or owner-operator opportunity for buyers seeking central town visibility, easy motorway access and solid broadband and mobile connectivity. Be aware of the town-centre setting: crime is reported as high for the local area and the property sits in a conservation area which may restrict external alterations.
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